Wolters Kluwer Recognised for Capital and Liquidity Management Solution

Press Release

01:25 PM 4th November 2024 GMT+00:00

Reporting by Editors

Article Summary

Wolters Kluwer received a Highly Commended recognition in the Best Capital and Liquidity Management Solution category at the Regulation Asia Awards for Excellence 2024 for its OneSumX for Basel Solution, which aids financial institutions in meeting regulatory standards while enhancing operational resilience and risk management.
The solution is praised for its innovative use of data analytics and advanced capabilities, which improve data integrity, regulatory calculations, and reporting, ultimately facilitating better decision-making and compliance.
Judges highlighted the importance of Wolters Kluwer's client-centric and scalable solutions in navigating regulatory complexities, emphasising their role in promoting financial stability and operational efficiency within the industry.

This summary has been produced by RegAI.

Wolters Kluwer was Highly Commended in the Best Capital and Liquidity Management Solution category at the 7th Regulation Asia Awards for Excellence 2024

The Capital and Liquidity Management Solution award celebrates technology providers that enable financial institutions to meet regulatory standards while optimising operational resilience and improving risk management. This category recognises solutions that use innovation and data analytics to drive robust capital and liquidity management practices, ensuring compliance in a challenging regulatory landscape.

The judges commended Wolters Kluwer for its OneSumX for Basel Solution, which helps firms manage data integrity and lineage, finance, risk management, and regulatory calculations all the way through to reporting. This comprehensive approach also is supplemented by advanced analytics capabilities and a highly intuitive user interface, which helps firms enhance decision-making, regulatory compliance and operational efficiency.

“Wolters Kluwer’s Basel solution exemplifies innovation and adaptability, empowering institutions to navigate regulatory complexities confidently,” said a judge on the Regulation Asia Awards panel. “With cutting-edge AI capabilities and a focus on usability, Wolters Kluwer offers a transformative tool that enhances risk management and operational resilience, while also reducing the burden of regulatory compliance.”

Bradley Maclean, Co-founder of Regulation Asia and Chair of the Awards Committee, added, “Wolters Kluwer’s scalable, client-centric solutions are designed with recognition of the impact of adaptive, data-driven platforms on financial stability and operational efficiency, equipping institutions with tools to meet regulatory demands confidently.”

About the Regulation Asia Awards for Excellence 2024

The Regulation Asia Awards for Excellence recognises financial institutions, technology companies, legal and consulting firms, exchanges and other players that help ensure the highest regulatory compliance standards are upheld in the financial industry. Each year, senior industry practitioners serve on a judging panel to help assess and score each submission to determine the winning entrants.

For a full list of the award 2024 winners, visit www.regulationasia.com/awards.

About Regulation Asia

Regulation Asia is the leading source of actionable regulatory intelligence for Asia Pacific markets. With over 13,000+ subscribers, including regulatory bodies, exchanges, banks, asset managers and service providers, Regulation Asia plays a key role in shaping the regulatory agenda.

Visit www.regulationasia.com or connect via LinkedIn or Twitter.